Eurozone | Weakness persists due global headwinds weigh on export orders and industry
Published on Friday, March 1, 2019 | Updated on Monday, March 4, 2019
Eurozone | Weakness persists due global headwinds weigh on export orders and industry
Summary
The hard data up to December were mixed. We saw industrial production continue to decline and exports continue to recover. Also on the positive side, confidence seems to have stopped its downward trend in February. Because of all this our MICA estimates that Eurozone growth for 1Q19 will maintain at around 0.2% q/q.
Geographies
- Geography Tags
- Europe
Topics
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- Macroeconomic Analysis
Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist
Pedro Ezquiaga
Rodrigo Falbo
BBVA Research - Principal Economist
Agustín García
BBVA Research - Lead Economist
Miguel Jiménez
BBVA Research - Lead Economist